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Germany: Police seize bitcoins worth €2 billion (www.dw.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Germany: Police seize bitcoins worth €2 billion::German authorities have seized 50,000 bitcoins, worth some €2 billion, in what could be the largest seizure to date in the country.

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[-] sugartits@lemmy.world 2 points 9 months ago

The total supply is 21 million. But a lot has been lost due to people losing their keys.

How much is difficult to measure, but you can probably take 20% off that number and be somewhat safe.

[-] makeasnek@lemmy.ml 1 points 9 months ago

True. There are some pretty good effort estimates out there, idk what they are, but there are definitely some lost keys.

this post was submitted on 31 Jan 2024

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